new york very very close up next with a business update stay with us here on our. own welcome to the business news on the we've just had the russian markets closed they closed down we'll have more on that in just a second russia's economy seeing a windfall from the steep rise in global energy prices that's on the back of instability in the middle east and north africa while producing opec is considering increasing oil production to declining world output however on the same situation could help russia win new customers notably an asia. this comes at an interesting time for russia because in the last couple of years in the last year in particular russia has made great strides in supplying oil to the far east particularly through the eastern siberia pipeline and through the protocols in there and into china you know i think so part of russia's had a little bit of a p.r. battle on its hands because most asian sooners which after all is the growth markets tend to prefer supplies out of the middle east because they're known for being stable and reliable this these event